Sigma Planning Corp Grows Stock Position in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Sigma Planning Corp lifted its stake in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 126.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,121 shares of the company’s stock after purchasing an additional 6,203 shares during the period. Sigma Planning Corp owned about 0.16% of Invesco S&P SmallCap Momentum ETF worth $736,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Aspire Wealth Management Corp raised its stake in Invesco S&P SmallCap Momentum ETF by 2.7% in the third quarter. Aspire Wealth Management Corp now owns 35,094 shares of the company’s stock valued at $2,323,000 after buying an additional 933 shares in the last quarter. Advisor Resource Council acquired a new stake in Invesco S&P SmallCap Momentum ETF in the third quarter valued at $203,000. Maia Wealth LLC acquired a new stake in Invesco S&P SmallCap Momentum ETF in the third quarter valued at $1,151,000. Janney Montgomery Scott LLC raised its stake in Invesco S&P SmallCap Momentum ETF by 29.3% in the third quarter. Janney Montgomery Scott LLC now owns 109,175 shares of the company’s stock valued at $7,226,000 after buying an additional 24,725 shares in the last quarter. Finally, James Investment Research Inc. acquired a new stake in Invesco S&P SmallCap Momentum ETF in the third quarter valued at $454,000.

Invesco S&P SmallCap Momentum ETF Stock Performance

XSMO opened at $71.64 on Thursday. The business’s 50-day simple moving average is $66.12 and its 200-day simple moving average is $63.39. Invesco S&P SmallCap Momentum ETF has a one year low of $49.93 and a one year high of $73.90. The stock has a market capitalization of $502.91 million, a P/E ratio of 15.91 and a beta of 1.19.

Invesco S&P SmallCap Momentum ETF Profile

The Invesco S&P SmallCap Momentum ETF (XSMO) is an exchange-traded fund that is based on the S&P Small Cap 600 Momentum index. The fund tracks an index of US small-caps stocks selected by momentum. Holdings are weighted by a combination of market cap and momentum. XSMO was launched on Mar 3, 2005 and is managed by Invesco.